EconAir

FIND POSTS BY CATEGORY CATEGORIES Basic Concepts and Theory Market Behavior and Structure Market Dynamics and Information:  How Markets Work The Industrial Revolution in England American Economic History American History Demographics and Economics Management World War I:  The Beginning of the 20th Century The Roman Republic and America - Differences and Some Possible Parallels Economic and Fiscal Policy Financial Markets and Investment Strategies Foreign Exchange Markets The United States American Foreign Policy and International  Relations Geopolitics and the Global Economy Geopolitics of Oil and Natural Gas Visionaries BASIC CONCEPTS AND THEORY Introduction to Economic Theory Economic Development and Economic Growth Production Functions and Supply Chains Demand  Analysis The following post was contributed by Dennis Schuchman. Artificial Intelligence (AI) and Real Intelligence (RI) You, Your Brain and Credit Card s Critique of Basic Economic Theory MAR...

  Introduction to Economic Theory   It’s not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. Charles Darwin                                               Introduction and Summary Economic theory, generalizations about economies, and economic history began as attempts to understand the Industrial Revolution. The economic theory posts on this blog describe and analyze economic development and economic growth since the start of the Industrial Revolution in the late 1700s.  Some writers describe the current economic trends as the Fourth Industrial Revolution. Other observers and commentators believe that information and communication technology and applications have become so central to the economy that we are in the Information Revolution. And others believe that we are at the beginning of the Biotechno...